Summary
Global Payments Inc. (GPN) reported largely flat revenues of $7.7 billion for the year ended December 31, 2025, with a notable shift in its business portfolio due to significant acquisitions and dispositions. The company completed the acquisition of Worldpay in January 2026, a major strategic move aimed at consolidating its position in the payments technology sector. Simultaneously, it divested its Issuer Solutions business, further streamlining its operations. These transformative activities, including a business transformation program initiated in 2024, have led to increased transformation and acquisition-related expenses, impacting operating income which declined by 11.1% to $1.75 billion, resulting in a consolidated operating margin of 22.8% for 2025. Despite the revenue dip and increased expenses, the company highlighted growth in its Integrated and Embedded Solutions service line and a revenue increase of approximately 7% in its Merchant Solutions business when excluding the impact of divested businesses. Management expects its transformation initiatives to generate over $650 million in annual run-rate operating income benefits by mid-2027, signaling a focus on future efficiency and growth. The company also maintained its commitment to returning capital to shareholders, with $676.5 million remaining under its share repurchase program as of year-end 2025, and a dividend declared for March 2026.
Financial Highlights
51 data points| Revenue | $7.71B |
| Cost of Revenue | $2.11B |
| Gross Profit | $5.59B |
| SG&A Expenses | $4.12B |
| Operating Expenses | $5.95B |
| Operating Income | $1.75B |
| Interest Expense | $633.50M |
| Net Income | $1.40B |
| EPS (Basic) | $5.79 |
| EPS (Diluted) | $5.78 |
| Shares Outstanding (Basic) | 241.63M |
| Shares Outstanding (Diluted) | 242.01M |
Key Highlights
- 1Revenues remained largely flat at $7.7 billion for the year ended December 31, 2025, impacted by business dispositions.
- 2Completed the significant acquisition of Worldpay in January 2026 and divested the Issuer Solutions business.
- 3Operating income decreased by 11.1% to $1.75 billion, with a consolidated operating margin of 22.8%, impacted by transformation and acquisition costs.
- 4Merchant Solutions operating income increased by 5.9% with a 2.1% improvement in operating margin, driven by cost reduction initiatives.
- 5Integrated and Embedded Solutions revenue grew by 6.6%, indicating a positive trend in embedded payment solutions.
- 6Transformation initiatives are projected to yield over $650 million in annual run-rate operating income benefits by mid-2027.
- 7Shareholders' equity stood at $22.9 billion, with $676.5 million remaining in the share repurchase authorization as of December 31, 2025.